Tagged: housing market

More house lending controls to come? - The Dismal Science

Donal Curtin Feb 17, 2015

As we all know, the Reserve Bank is in a difficult spot.It can't easily raise rates. It probably doesn't want to anyway, since (as I've argued before), overall monetary policy conditions are already too tight. But even if it did, the Kiwi dollar would appreciate, or at the very least not fall to the levels the RBNZ would like: … Read More

Too many rules, not enough houses - The Dismal Science

Donal Curtin Nov 10, 2014

Last month I wrote about some residual absurdities in Australia, where there were still bizarre examples of nutbar regulation of the retail trade, and this despite decades of economic reform that one might have expected would have swept away the last of the most egregious nonsense.It left me feeling that "there are still thickets of regulation that are absolutely … Read More